When he laughed at the arrival of the first iPhone, then-Microsoft CEO Steve Ballmer made it clear he thought Apple had no chance of success.
Things have changed a lot since Apple introduced iPhone in January 2007.
The product that changed everything
At the time, Apple was an iPod company that made also-ran, underpowered PowerPC Macs, too. Today, it’s the iPhone manufacturer whose iPad devoured the netbook ‘industry’ and whose entry-level Macs with their custom silicon deliver low-energy computational performance that competes with the best PCs.